Incredible Rise of ARB: Rumors about Robinhood Boost Price by 40% 🚀

The price of $ARB surged by 40% in just a week, mainly due to discussions about a possible collaboration between Robinhood and Arbitrum. The goal of this potential alliance is to create a decentralized trading platform that will give global investors access to trading American stocks.

This excitement is clearly reflected in network metrics:

• The number of active users jumped by 25%, reaching 418.4 thousand per day.

• The price gradually increased from $0.30 to $0.37 over the last 24 hours.

• Market activity significantly picked up during the initial surge.

However, some major players seem to have decided to lock in their profits:

• One well-known organization transferred 20 million ARB to market maker GSR.

• Another significant participant sent 50.1 million ARB (worth $15.3 million) to Wintermute.

• An anonymous investor placed 63.27 million ARB ($19.8 million) on leading trading platforms.

While speculation around Robinhood has created powerful momentum, these mass sell-offs from 'whales' suggest that caution may be warranted in the near future. Stay tuned to this story, as events are still unfolding! 📊